Things To Consider Before Investing In Cryptocurrency

Adam Tracy
4 min readFeb 22, 2022


Investing in cryptocurrencies is fast becoming a mainstream activity. While the excitement for diehard fans of cryptocurrency is undeniable, many people are confused about the process. To help you make a good investment, here are some things you should consider before you invest in a particular cryptocurrency. These tips will help you avoid common mistakes. You can also take a look at some of the hottest cryptocurrencies and determine if they are right for you.

If you’re a new investor, you should invest an amount you can afford to lose. This way, even if you lose money, you’ll be better off in the future if you make money. Some people recommend the 5% rule. This rule limits the amount of money you should invest in volatile investments to five percent of your portfolio. The remainder of your savings should be invested in fixed assets, such as real estate and bonds.

The risks involved with cryptocurrency.

The major risk of cryptocurrency is the volatility and unpredictability. With cryptocurrencies, there are no guarantees as to what their worth will be in the future. This makes it very difficult for investors to know whether or not they will gain anything from their investment. There’s also the risk that cryptocurrency could crash, which would mean investors lose all or most of the money they invested.

Another risk is that cryptocurrency itself has been a target for hackers, resulting in people’s private information being stolen or hacked. If someone hacks into your account, it means you’re at risk of losing all your money in addition to all the time and effort you put into trading it.

Why people are investing in cryptocurrency.

Cryptocurrency has proven to be an effective investment for individuals, businesses, and investors. Cryptocurrency is a safe way to invest in anything from precious metals to real estate. There are many ways you can invest in cryptocurrency, such as trading or mining.

To invest in cryptocurrency, you have the option of using a personal wallet, an exchange, or a broker. This flexibility provides options for investors who may not know what they want to invest in. Cryptocurrencies can also provide access to goods and services that other forms of currency cannot offer.

As per Adam Tracy, Before investing in cryptocurrencies, be sure to do proper research and understand how they work. Doing so will help you make the best investment decisions. Purchasing a single coin will yield the highest profit. You should also make sure that the exchange rates are fair and stable. Buying a cryptocurrency will be the most profitable way to invest in a cryptocurrency. You can start small by buying several cryptocurrencies at a time.

Before investing in a cryptocurrency, always remember that it is highly volatile. To protect your investment from losses, you should always know what type of crypto you’re dealing with. This way, you won’t be too emotionally tied to a particular type of currency. You’ll also know what to expect when investing in a specific crypto. And while this can be a great opportunity, it should never be the first option for you.

Besides the price fluctuations, you should also consider the type of cryptocurrency you’re planning to invest in. You can purchase shares in bitcoin companies if you’re willing to risk losing a lot of money.

A former professional rugby player, Adam S. Tracy brings over twenty years’ experience as an attorney, consultant and dealmaker with a particular focus on cryptocurrency, digital products, payments and immersive corporate structures. As an accomplished executive and advisor to high risk merchants and stakeholders, Adam has proven himself as a results oriented, decisive leader with proven success advising early market entrants, technology adapters, as well as established participants across a wide range of verticals. Adam Tracy’s attack-first personality allows him to excel in dynamic, demanding environments including complex corporate negotiations, distressed environments and regulatory investigations.

In addition, Adam S. Tracy also has a successful track record co-founding high risk industry ventures, building & leading cross-functional teams, and spearheading diverse corporate transactions. A serial entrepreneur, Adam has successfully started and created exits across a wide swath of markets, including various mobile SaaS ventures, nutraceuticals, peer-to-peer payment systems, and several telemarketing-based ventures. Moreover, as a recognized expert in the payments field, Adam Tracy has been a blockchain and digital currency evangelist and influencer since the early days of Bitcoin.

Utilizing his proprietary “Pre-Event Driven™” strategy for decision making, Adam S. Tracy further leverages his over twenty years’ experience to create cost-effective, value-add solutions for each client. A data-driven acolyte, Adam continually refines his strategies based on field studies and data collection. Moreover, Adam Tracy further augments his range of solutions by actively networking with regulators, liquidity providers, legal and compliance experts, deal-flow brokers, investors and management of leading high risk industry ventures.

Adam S. Tracy earned his Bachelor of Science in Computer Applications and Bachelor of Science in Finance from the University of Notre Dame. He subsequently earned his Masters in Business Administration from the DePaul Kellstadt Graduate School of Business, while concurrently earning his Juris Doctorate from the DePaul College of Law. Adam lives outside Chicago with his with his wife, son, four dogs, and two cats.

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Adam Tracy

Fintech Expert | Payments & Crypto | Ex Pro Rugby Player | Find Me:


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